Skip to comments.US pork and beef out of Chinese market(Shanghai news report-English)
Posted on 07/11/2018 7:52:14 PM PDT by Rebelbase
English language news report from Shanghai TV talking about American Beef and Pork being pulled from the menu and substituted with Beef from Australia.
Watch to the end of the report as it looks like the tariffs might crash the pig head market.
Thanks Australia! You’re mostly Communists anymore anyway. Enjoy!
This is great news. We need to sell nothing to those communist bastards. They Tax our cars 25% and we tax them nothing!! To hell with that.
So who were the previous buyers of Australian beef???
good - more bargains for customers in supermarkets in USA :)
I doubt this will last long. The Chinese people will start paying more for pork and beef, and that will make them quite unhappy with China’s leaders.
More for me!
Come to think of it maybe selling beef to China is why domestic beef prices have gone through the roof in the past several years.
$12-14/lb. ribeye and NY strip, for choice-cut here. Sale price as a loss leader is $6.99.
Well, that must mean our cost of living will go down here as far as meat prices? About time.
Please...Smithfield foods, the largest producer of pork in the US, was bought by China's WH Group in 2013. WH is re-routing pork exports to Canada, then trans-shipping to China. This is supported by the fact that US pork production continues to run near seasonal highs, and prices, which would be under pressure if supply was backing up onto the US markets, is also near highs. China is paying higher food prices across most categories.
I would much rather deal with the Christian nation of Russia.
Wouldn’t want to be a cat in China right now.
China Owns Smithfield. What is going on? You cannot find that ownership on their website. I tried, but I may be wrong. http://www.smithfield.com/why-smithfield/
Schrodinger’s Cat has a much better chance than a Shanghai cat.
Australia has a feral cat problem. Maybe they can cash in on that too.
They all went up a few years ago because of the drought and the big feeder lots sold off. Then, they had to go to buying bull dairy feeders to supplement since they sold off a whole lot their stock. The prices went up and they could never catch up with supply. And the asian market bought like hell at that time.
I was told, that dairy bull calves were bringing in over 300 bucks a head for a while and some dairy farmers were breeding their cows to throw beef calves.
They are owned by the WH Group of China. Try their web site.
Maybe I can once again afford a nice T bone steak!
China owns Smithfield but via some offshore vehicle in the Bahamas, or something like that. Money is Chinese, registration is not.
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